Mobile Apps Seeking Loan in Wilmington

Business Highlights: - Founded 4 years ago, began with a COVID-19 experiment using 1,300 samples, achieving an impressive 99.77% accuracy compared to RT-PCR. - Intellectual property: Secured a patent grant, solidifying our innovative approach in AI-driven diagnostics. - Accelerator & industry recognition: Selected for The Roux Institute’s Future of Healthcare acceleration program, providing mentorship and strategic growth opportunities. - Non-dilutive & early investment traction: Gained momentum with multiple grants and secured a $50K pre-seed investment, fueling research and development. - E. coli study success: Conducted a preclinical study demonstrating 87% accuracy, further validating our RF-based pathogen detection technology. - Funding & resources: Currently leveraging USD 725K in total grants and credits, including K in USD 70 K grants received, USD 350K in Google Cloud credits, and an expected USD 305K SBIR grant from NSF. - Industry partnerships & market strategy: -- NorDx is set to be our first commercial client upon market entry. - Recognition & awards: -- Accepted into the Nvidia Inception Program for AI innovation. -- Runner-up in the AWS x Nvidia pitch competition in Austin, positioning business at the forefront of AI-powered diagnostics. - Market Launch & Revenue. - Fundraising progress: Raising USD 3M to commercialize, with USD 105K secured through SAFE notes and strong investor interest. - Business Model & Revenue Potential: Projected first-year revenue of USD 3M, with sales of 600 diagnostic units upon launch. Scalable B2B model targeting diagnostic labs, hospitals, and healthcare providers. - Potential for recurring revenue streams through AI-powered diagnostic subscriptions and consumables. - Regulatory & Clinical Traction for a Competitive Edge. Ongoing clinical validation and regulatory alignment with CLIA/CAP-accredited labs. RF-based diagnostics provide a faster, non-invasive alternative to traditional molecular testing. - With high asset valuation, driven by significant equipment costs, the company stands out in the diagnostics sector with its advanced technological infrastructure. - With a compact team of 6 skilled employees, the business emphasizes agility and innovation in its operations, facilitating quick progress in the fast-paced diagnostic technology sector.

Client Base: We have provided certification and consultancy services to over 100 top-tier companies, including Pfizer, Metro, GE, Cisco, Siemens, Toyota, Turkish Airlines, Miele, Panasonic, KFC, and Shell. - Revenue Model: Our primary revenue source is certification fees, which are supplemented by consulting services, employee surveys, training workshops, and coaching sessions. - Global presence: We have a robust online presence with websites tailored in the local languages of 23 countries, ensuring effective communication and engagement with our clients. - Local partnerships: In each country, we collaborate with non-inclusive business partners who provide local expertise and support, allowing us to deliver our services seamlessly across different regions. - Average number of certification programs conducted - 30 to 40 per month. The fee depends on the size of the company, with an average of USD 600-1k. - There has been significant growth in sales this year as compared to last year because the company has expanded its operations to the USA and other American countries this year. - The business owner is based in Turkey, however, the business is registered both in the US and in Turkey. - All the business and trade registrations are in place for both locations.

Business exporting medical devices to 4 continents. - We have limited fixed costs. - The business has tied up with a 3rd party manufacturer from Italy for the manufacturing of its products. - We have 2 patents, one from the US and the other from WIPO. - Trade Mark for our brand has also been obtained. - The business has clients around the GCC from Qatar, Saudi, Italy, Sweden, Turkey, Norway, and Brazil. We have 7+ active clients. - We directly sell to distributors. - The owner works from Italy out of their home office, the legal entity has been registered in the USA for tax benefits. The physical presence of the owner in the office is not required for the business to work efficiently, we have matured as a company. - We hire part-time employees when required for our operations. - Business has a very low cost of sales and a consistent gross profit margin of 80%

Strong foundation: Backed by a well-established parent company with years of experience in recruitment and talent sourcing. - Growing client base: Serving 20+ clients across industries like tech, healthcare, and finance, with rapid adoption signalling strong market fit. - Revenue model: Flexible subscription plans with both monthly and yearly options, pay-per-use options, and enterprise licensing to cater to diverse client needs. - Experienced founders: Led by professionals with 18+ years of expertise in recruitment, HR tech, and AI, driving growth and innovation. - Strategic partnerships: Collaborations with tech providers, recruitment agencies, and HR tools for seamless integration and market expansion. - Industry recognition: Named among top recruitment startups and recognized for AI-driven innovation. - Scalable growth: Focused on expanding internationally, enhancing features like diversity hiring tools, and supporting high-volume recruitment. - There are 10 permanent employees, with additional interns and freelancers.